ASEAN: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in ASEAN

In 2023, the ASEAN lettuce and chicory market decreased by X% to $X for the first time since 2017, thus ending a five-year rising trend. The total consumption indicated temperate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2017 indices. The level of consumption peaked at $X in 2022, and then contracted in the following year.

Lettuce And Chicory Production in ASEAN

In value terms, lettuce and chicory production rose rapidly to $X in 2023 estimated in export price. The total production indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Malaysia (X tons) constituted the country with the largest volume of lettuce and chicory production, accounting for X% of total volume. Moreover, lettuce and chicory production in Malaysia exceeded the figures recorded by the second-largest producer, Thailand (X tons), threefold. The Philippines (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2023, the average annual growth rate of volume in Malaysia totaled X%. The remaining producing countries recorded the following average annual rates of production growth: Thailand (X% per year) and the Philippines (X% per year).

The average lettuce and chicory yield fell to X tons per ha in 2023, with a decrease of X% compared with the previous year's figure. Overall, the yield, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the yield increased by X% against the previous year. The level of yield peaked at X tons per ha in 2016; however, from 2017 to 2023, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The lettuce and chicory harvested area fell to X ha in 2023, waning by X% on 2022. The total harvested area indicated a perceptible expansion from 2012 to 2023: its figure increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, lettuce and chicory harvested area increased by X% against 2017 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to lettuce and chicory production reached the maximum at X ha in 2022, and then fell in the following year.

Lettuce And Chicory Exports

Exports in ASEAN

In 2023, approx. X tons of lettuce and chicory were exported in ASEAN; increasing by X% against the previous year. Total exports indicated a buoyant increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The volume of export peaked in 2023 and is expected to retain growth in the immediate term.

In value terms, lettuce and chicory exports rose to $X in 2023. Total exports indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 when exports increased by X%. The level of export peaked in 2023 and is likely to continue growth in the near future.

Exports by Country

In 2023, Malaysia (X tons) represented the largest exporter of lettuce and chicory, creating X% of total exports. Thailand (X tons) held the second position in the ranking, distantly followed by Vietnam (X tons) and Indonesia (X tons). All these countries together held approx. X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to lettuce and chicory exports from Malaysia stood at X%. At the same time, Vietnam (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2023. Indonesia experienced a relatively flat trend pattern. Thailand (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while Indonesia and Malaysia saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, Malaysia ($X) remains the largest lettuce and chicory supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports. It was followed by Vietnam, with an X% share.

In Malaysia, lettuce and chicory exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Vietnam (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2023, rising by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced mixed trends in the export price figures.

Lettuce And Chicory Imports

Imports in ASEAN

For the fourth year in a row, ASEAN recorded growth in supplies from abroad of lettuce and chicory, which increased by X% to X tons in 2023. Total imports indicated strong growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. The volume of import peaked in 2023 and is likely to continue growth in years to come.

In value terms, lettuce and chicory imports dropped to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then contracted modestly in the following year.

Imports by Country

Thailand was the key importing country with an import of around X tons, which resulted at X% of total imports. Singapore (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (X%). Brunei Darussalam (X tons) and Vietnam (X tons) held a relatively small share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Thailand ($X) and Malaysia ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of total imports. Vietnam and Brunei Darussalam lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in ASEAN amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price saw a noticeable decline. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform